MAM
DoIt Talent Ventures appoints Murtuza Madraswala as business head
MUMBAI: DoIt Talent Ventures, a talent management firm, has appointed Murtuza Madraswala as the business head, Indiantelevision has learnt. Lead by Dharshana Bhalla and Radha Kapoor Khanna, the company marked its entry into the Indian market in April this year.
Madraswala was previously working as the head of marketing and PR for Sony Six and Sony ESPN. Having joined Sony in 2012, he played a pivotal role in the company’s FIFA World Cup and Euro campaigns over the years. Madraswala also crafted marketing initiatives for NBA and key cricket tournaments.
Madraswala joins the company with over two decades of experience in marketing and client servicing. He joined Sony from Amigo Sports where he was GM for marketing and worked on the FIFA business division.
Sony is not the only broadcaster Murtuza worked has with, he had a four-year stint with then ZEEL-owned Ten Sports.
In the span of three months, DoIt Talent Ventures has already signed a number of personalities across films and TV like Farhan Akhtar, John Abraham, Lara Dutta, Kajal Aggarwal and Neeraj Pandey.
When it comes to sporting talent, the brand now works with Virender Sehwag, Mahesh Bhupathi, Geeta Phogat, Ashwini Ponnappa, Robin Singh, Viren Rasquinha and Aparna Popat.
Dharshana Bhalla is a former CEO of Mates – the entertainment unit of Madison communication, while Radha Kapoor Khanna is founder and executive director of DoIt creations.
Also read:
DoIT Ventures launches India’s first integrated talent management firm
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
